realbraidenshaw
Region: US
Monday 09 December 2024 18:00:39 GMT
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Nick :
Still waiting for my parents to tell me about my secret UGMA account 🥲
2024-12-10 13:33:37
1603
Bhavesh Vedawala :
you call 65 years "quickest way"
2024-12-09 21:19:17
1584
jasonpursley141 :
this should be taught in elementary school
2025-01-03 13:07:12
1
The SorcheMeister :
$1,000,000.65 years from now will be the same value as about 5000 bucks
2024-12-10 02:52:34
510
glep :
can you recommend a good company to use for a UGMA account?
2024-12-10 20:43:27
2
Phazy Hood :
I want my "kid" to be a millionaire not my 65 year old offspring. lol. We need to normalize not working until we're 65. we need to enjoy life while we can fully enjoy and experience it!
2024-12-11 13:36:25
200
christopherlynn150 :
what is a ugma ?
2024-12-11 18:24:04
0
James :
Unless you need financial aid for college, this can reduce your financial aid by 25-30%
2025-01-04 12:18:22
0
Powertool1990 :
Sir in 65 years 1.3 million will probably be a monthly grocery bill 😭
2024-12-10 02:37:02
593
Bourbon.Guy :
Those outcomes require some unrealistic rates of return
2024-12-09 20:15:58
137
Claudia :
what about a 529 plan?
2024-12-10 23:56:27
1
J :
65 years is quick? 😂
2024-12-11 13:08:18
0
Sparks :
What's the assumed return on investment for these numbers?
2024-12-11 03:00:41
1
codyynnn :
These are VERY aggressive numbers and definitely not going to perform that well
2024-12-11 02:17:42
2
Jiggzebird :
Can you explain more about the Roth IRA option? The steps we need to take to have a business they are working so it’s legal
2024-12-12 11:40:04
1
Jenn :
Okay so we open a UGMA account but how do we invest the $2,000?
2024-12-12 20:00:36
2
Marcelo Gallo :
What is a UGMA
2024-12-10 01:04:40
8
BEZ2130 :
So you are telling me that $2k starting deposit into a savings account is going to magically earn a return of 38%(ish) over 18 years? I’d like to see the accounts that pay that.
2024-12-13 17:04:37
0
lxandruh :
Especially if you have to wait at 65 for it, forget it
2024-12-12 17:10:34
1
Jonathan Clementine :
I like when you explained what a UGMA is
2024-12-11 05:32:35
47
Hunter :
Or just get life insurance
2024-12-10 07:23:47
0
debcol2 :
My son is 21, what can I do for him?
2024-12-12 12:42:23
1
Bob the builder :
What APY are you using for option 1? Because I’m seeing $162,545 at age 65 unless there are investments that compounding daily which I get $189,182. This is assuming a 7% APY. im curious what u use
2024-12-12 11:38:49
6
Amanda Waits :
I need more tips like this! What a great idea!
2024-12-11 14:37:16
2
dinolttynin :
can you do something simple in EUROPEAN country? how?
2024-12-12 15:34:54
1
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